HB26-1066
Tax Exemptions Low Income Rental Property Development
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects |
Concerning the expansion of property tax exemptions to include development of low-income rental property.
Bill Summary:
Current law provides an exemption for taxation on property acquired and developed for low-income housing by nonprofit housing providers, community land trusts, and nonprofit affordable homeownership developers. The bill expands the exemption to also include property intended for low-income residential rental property.
(Note: This summary applies to this bill as introduced.)
Committees
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Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 02/19/2026 | FN1 |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 | The motion passed without objection. | Vote summary |
| Adopt amendment L.002 | The motion passed without objection. | Vote summary |
| Adopt amendment L.003 | The motion passed without objection. | Vote summary |
| Refer House Bill 26-1066, as amended, to the Committee on Appropriations. | The motion passed on a vote of 8-3. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 02/23/2026 | House | House Committee on Finance Refer Amended to Appropriations |
| 01/21/2026 | House | Introduced In House - Assigned to Finance |